Apple breaks $318

Second all-time high of the week, sixth of the new year.

From AAPLInvestors‘ Terry Gregory, keeper of the stats.

The chart below ranks the top thirty all-time high closing price per share of AAPL. Dates in green indicate closing price was an all-time high at that time.

apple breaks 218

My take: If Apple doesn’t deliver a beat on Jan. 28 there could be hell to pay.

CORRECTION: An earlier version of this item had the wrong price in the headline. This stock has climbed too fast. I’ve lost all perspective.

11 Comments

  1. Alessandro Luethi said:

    PED, there‘s something funny with your headline 😉

    0
    January 17, 2020
  2. Rick Chevalier said:

    Is the rank 7 date an error?

    0
    January 17, 2020
  3. Gregg Thurman said:

    There are a couple of errors above. First, as Alessandro points out today’s Close wasn’t $218, and secondly as Rick points out that date should be JAN 9.

    PED, it’s Friday, are we in a hurry to get out of town?

    2
    January 17, 2020
  4. Jerry Doyle said:

    PED has left the building.

    1
    January 17, 2020
  5. Steven Noyes said:

    I hope my stop losses kicked in:-)

    1
    January 17, 2020
    • David Drinkwater said:

      Judging from the fairly steep slope of the end of day curve, it could well have been a short-squeeze stop-loss algo run.

      1
      January 17, 2020
  6. Fred Stein said:

    Enjoy Mexico.

    We’re seeing:
    1) Joseph’s beachball effect.
    2) Extending the metaphor: There are three hoses in the pool, international funds, divi-growth funds, and ETFs, all pouring cash into large caps, raising the water level.
    3) Likely short squeeze.

    Our favorite, Katy H helped too.

    3
    January 18, 2020
    • David Emery said:

      Nothing warms my heart like a ‘short squeeze’! 🙂

      3
      January 18, 2020

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